Chile’s economic momentum reversed sharply in July 2026, with overall activity declining 1.5% year-on-year, according to data updated on 1 September 2026. The latest reading contrasts with June 2026, when economic activity had expanded by 2.4% compared with the same month a year earlier.
The figures are based on a year-over-year comparison, where the current indicator reflects the change in July 2026 relative to July 2025, while the previous indicator measured June 2026 against June 2025. The move from solid growth to contraction within a single month underscores a notable weakening in Chile’s short-term economic performance and will likely sharpen attention on the underlying drivers of this downturn in activity.